Intro, skippable if seen previous posts: The Information Ratio is a way to look at risk adjusted return. It's returns divided by volatility, but with extra steps for comparing with a benchmark. An asset might have a lot more gain and but only a bit more risk, or the other way around. With the portfolio calculator, just copy to your google drive and enter the symbols and percentages.

Common uses:

• Gaining more insight into a coin/token;
• Comparing coins/tokens of a similar risk level;
• More common with portfolios than single asset.

Higher number is better, negative number is worse than benchmark. High IR can still be too risky/not risky enough for your preference.

Individual cryptocurrencies: Full Year Data | Half Year Data

Raw data: Full Year | Half Year

Portfolio calculator: Full Year Data | Half Year Data

Last day on file: 2021-12-26

Previous posts: Individual cryptocurrencies | Portfolio calculator

(IR is based on averages, so no huge differences other than expanding from top 300 to top 500)

Not all coins in top 500 have been around for a full year, so there's a table done with the last 6 months of data. The benchmark used is CCI30, the crypto index.

(Coins/tokens outside top5 are in the google sheets)

12 Month's Data, Top 5 per risk group

High Risk (highest 25% of coins)

Symbol	Name	Coin Gecko Rank	Information Ratio	Volatility (Tracking Error)	30d Return
GALA	Gala	48	0.1417	20.9697	-30.24
SURE	inSure DeFi	302	0.1297	45.8545	27.37
AXS	Axie Infinity	30	0.1235	12.6126	-20.94
SAND	The Sandbox	33	0.1175	13.7928	-6.37
FLUX	Flux	178	0.1153	12.8638	13.32

Med Risk

Symbol	Name	Coin Gecko Rank	Information Ratio	Volatility (Tracking Error)	30d Return
LUNA	Terra	9	0.1246	12.0856	126.33
SOL	Solana	5	0.1214	10.4846	-7.87
MATIC	Polygon	14	0.1155	11.9650	38.17
KDA	Kadena	65	0.1097	11.5420	-30.38
AVAX	Avalanche	11	0.0905	10.9929	-3.01

Low Risk (lowest 25%)

Symbol	Name	Coin Gecko Rank	Information Ratio	Volatility (Tracking Error)	30d Return
QNT	Quant	67	0.0634	9.5197	-13.98
EGLD	Elrond	39	0.0526	9.0670	-41.44
FIDA	Bonfida	311	0.0512	9.3587	-44.46
XCM	CoinMetro	355	0.0493	9.0425	18.34
ADA	Cardano	6	0.0440	8.5480	-13.13

6 Month's Data, Top 5 per risk group

High Risk (highest 25%)

Symbol	Name	Coin Gecko Rank	Information Ratio	Volatility (Tracking Error)	30d Return
SPELL	Spell Token	86	0.19392	15.7561	47.88
SAND	The Sandbox	33	0.18886	11.6990	-6.37
KDA	Kadena	65	0.18388	11.6402	-30.38
AXS	Axie Infinity	30	0.17880	11.7830	-20.94
GALA	Gala	48	0.17203	18.6638	-30.24

Med Risk

Symbol	Name	Coin Gecko Rank	Information Ratio	Volatility (Tracking Error)	30d Return
FLEX	FLEX Coin	194	0.22208	8.0718	66.93
ILV	Illuvium	155	0.22138	9.0508	-28.34
LUNA	Terra	9	0.17771	9.3212	126.33
AVAX	Avalanche	11	0.15495	8.5742	-3.01
XDB	DigitalBits	261	0.15407	10.3931	-48.08

Low Risk (lowest 25%), staked ETH omitted from top 5

Symbol	Name	Coin Gecko Rank	Information Ratio	Volatility (Tracking Error)	30d Return
GNO	Gnosis	133	0.07482	6.7771	3.53
GHST	Aavegotchi	374	0.05193	5.5150	-17.23
ETH	Ethereum	2	0.04200	5.8835	-8.97
RVN	Ravencoin	117	0.03558	6.9683	-15.65
GT	GateToken	115	0.03521	6.4588	-6.55

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Thoughts

Half year data is probably more useful for short term investments.

Low risk cryptocurrencies had a narrower range of 30 day returns.

Idk why VERI has a volatility of 10948620551561000000000000000000000000. But the math checks out.

Exchange tokens are often near the top of the low risk group, with CRO barely entering med risk.

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Methodology

The formula for IR is: (AssetReturn - BenchmarkReturn)/TrackingError

Tracking Error is StandardDeviation (DailyReturn - DailyBenchmarkReturn).

Calculations were batch done with a script I wrote.

Data for coins come from Coin Gecko API.

Coins with missing days were removed.

More about IR

Disclaimers

I'm not a professional.

Not financial advice.

High IR doesn't necessarily mean they will perform well in the future.

Idk what most of these coins/tokens are.

I'm personally not using this data as sole deciding factor in anything.